Crypto news

Quite a lot has been going on in the cryptocurrency industry over the past seven days, but most of it failed to impact the price action,Week’s remains rather dull. Can’toin is trading below $17K, down about 2.9% in the past seven dParents’ble to recover the coveted level. The volatility has seemingly disappeared from the market, but that’s not necessarily truparents’e altcoins. All of them are trading in the red, with the most considerable loss being that of Cardano which...

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Hackers from the sanctioned nation of Iran have allegedly hacked several servers of the United States government as a means of installing software to mine digital currencies. These hackers also allegedly sought to steal various network passwords and compromise the nation’s systems. Iran May Have Compromised the U.S. It is believed that hacking attempts by Iran may have started back in February of this year. This means that U.S. networks have been in danger for ten...

The US Personal Consumption Expenditures price index (PCE) increased by 0.1% in November compared to October and by 4.7% compared to a year ago. As the world’s most powerful economy made the announcement, BTC reacted with minor price volatility. The US Commerce Department outlined the PCE increase on Friday. The metric is typically the go-to point for the Federal Reserve, as it provides a clearer picture of consumer prices. The 5.5% jump in the Core PCE (which includes food...

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2022 has been an atrocious year for cryptocurrency. Many digital asset companies have been forced into dark places and filed for bankruptcy, and it looks like leading blockchain firm Block Fi might be next. Things Aren’t Looking Good for Block Fi Throughout 2022, the crypto space has been hit harder than it ever has in its short, 14-year history. Bitcoin, for example, has dropped from its all-time high of about $68,000 per unit – which it achieved in November of last...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Polkadot Ethereum (ETH) ETH fell by 3.1% in the past seven days after it lost the support at $1,240, which has now turned into a resistance. The bulls stepped up at $1,150, and since then, ETH has been trending upwards. In the next few days, this cryptocurrency seems likely to attempt to reclaim the $1,240 level as support. However, to achieve this, buyers need to keep it up. So far in December,...

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